Rentokil Initial PLC (RTOKY) Lowered to Hold at Zacks Investment Research
Rentokil Initial PLC (OTCMKTS:RTOKY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.
According to Zacks, “Rentokil Initial plc provides business support services including pest control, package delivery, interior landscaping, catering, cleaning, washroom solutions and textiles. Building services includes installation and maintenance of heating, ventilation and air conditioning equipment, water testing and treatment; and electrical testing and safety services. Its cleaning companies provide a professional cleaning service to industry, commerce, hotels, schools, hospitals, airports and other transport facilities. Its specialist services include the supply of non-medical hospital staff, the manufacture of washroom dispensing systems. Its interior landscaping offers indoor plants to customers on a rental or purchase basis. Linen, Garment and Floorcare Rental supplies workwear, uniforms, clean room uniforms and protective equipment. Rentokil Initial plc is based in Gatwick, the United Kingdom. “
Several other analysts also recently commented on the stock. Deutsche Bank AG upgraded shares of Rentokil Initial PLC from a “hold” rating to a “buy” rating in a research report on Tuesday, August 2nd. HSBC upgraded shares of Rentokil Initial PLC from a “reduce” rating to a “hold” rating in a research report on Monday, July 18th.
Shares of Rentokil Initial PLC (OTCMKTS:RTOKY) opened at 14.85 on Tuesday. Rentokil Initial PLC has a 12-month low of $10.49 and a 12-month high of $15.04. The stock’s 50 day moving average is $14.67 and its 200-day moving average is $13.53. The stock has a market capitalization of $5.41 billion, a price-to-earnings ratio of 31.26 and a beta of 0.87.
About Rentokil Initial PLC
Rentokil Initial plc is a commercial pest control company. The Company is engaged in the provision of route-based services, which protect people and enhance lives. The Company’s segments include Europe, UK & Rest of World, Asia, North America, Pacific, and Central and regional. The Company’s business categories include Pest Control, Hygiene, Workwear and Other.
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